Bookshelf · $100M Money Models
$100M Money Models by Alex Hormozi, framework 12 of 17
Feature Downsell
Lower the price by changing what they get.
Alex Hormozi's framework, from $100M Money Models, pp. 111 to 142.
- Take something away
Cut quantity, quality or an entire feature, starting with the most valuable.
- Lower the price
Reduce the price to match.
- Ask how about now
Check with Deal or Fair enough.
- Temperature check
After two downsells, ask for a 1 to 10 score.
- Switch to payment plans
If they like the features but not the price, use payment plan downsells.
From chapter: Section IV: Downsell Offers, pp. 111–142
More from this book
All 17 frameworks-
Framework 13 · Lead generation Continuity Bonus Offer Start people on continuity by giving a bonus worth more than the first payment.
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Framework 14 · Exits Continuity Discount Offer Trade free time for a commitment.
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Framework 15 · Offers and pricing Waived Fee Offer Make month to month expensive and commitment cheap.
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Framework 16 · Offers and pricing Make Your Own Money Model Build a deliberate sequence of offers, one stage at a time.
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Framework 17 · Offers and pricing Three stages of a money model Each stage pays for the next.
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Framework 1 · Offers and pricing The four types of offers The building blocks of any money model, each doing a different job.